Strategy FY10-13

The new Country Partnership Strategy (CPS) for Côte d’Ivoire presents the framework for the World Bank Group’s proposed activities in the country over the four-year period from July 2009 through June 2013. The Strategy envisages grant financing of $575 million from the International Development Association (IDA) and Trust Funds for investment projects, budget support, technical assistance and analytical and advisory services.

The CPS emphasizes a gradual shift from post-conflict recovery to restoring and maintaining sustainable economic growth and poverty reduction. During the CPS period, the Bank Group will seek to help improve quality of life, boost economic activity and reduce social instability in the short term, while also helping Côte d’Ivoire lay the groundwork for long-term reforms to achieve sustainable peace and growth and make progress toward the Millennium Development Goals.

In this context, the CPS program is articulated around four strategic objectives: 1) Strengthening governance and institutions; 2) Improving the performance of agriculture; 3) Strengthening the private sector; and 4) Renewing infrastructure and basic services. Job creation, with a particular focus on youth, and mainstreaming gender and improving women’s economic opportunities, are cross cutting objectives. Contributing to these efforts, the International Finance Corporation (IFC) anticipates investments in agribusiness, infrastructure (notably transport and energy), as well as to promote small and medium enterprises. The Multilateral Investment Guarantee Agency (MIGA) expects to underwrite investments in the transport and energy sectors.